ServiceTitan (NASDAQ:TTAN) Price Target Raised to $125.00

ServiceTitan (NASDAQ:TTANGet Free Report) had its price objective lifted by equities researchers at TD Cowen from $110.00 to $125.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s price objective indicates a potential upside of 58.98% from the stock’s current price.

A number of other research firms also recently commented on TTAN. Morgan Stanley increased their target price on ServiceTitan from $118.00 to $124.00 and gave the stock an “overweight” rating in a report on Friday. Canaccord Genuity Group cut their price target on ServiceTitan from $140.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, March 13th. Wells Fargo & Company cut their price target on ServiceTitan from $125.00 to $115.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. BTIG Research raised their price target on ServiceTitan from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Friday. Finally, The Goldman Sachs Group cut their price target on ServiceTitan from $117.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, March 16th. Fifteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $112.93.

Read Our Latest Analysis on ServiceTitan

ServiceTitan Stock Up 5.8%

NASDAQ:TTAN traded up $4.30 during trading hours on Friday, reaching $78.63. 2,779,121 shares of the stock were exchanged, compared to its average volume of 1,372,072. The firm has a 50 day simple moving average of $62.95 and a 200-day simple moving average of $78.04. ServiceTitan has a 52 week low of $54.17 and a 52 week high of $119.99. The stock has a market capitalization of $7.49 billion, a P/E ratio of -45.54 and a beta of 0.13.

ServiceTitan (NASDAQ:TTANGet Free Report) last released its earnings results on Thursday, June 4th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.09. ServiceTitan had a negative return on equity of 6.86% and a negative net margin of 16.64%.The company had revenue of $268.82 million for the quarter, compared to the consensus estimate of $256.65 billion. During the same quarter last year, the business posted $0.18 EPS. ServiceTitan’s quarterly revenue was up 24.6% compared to the same quarter last year. As a group, analysts expect that ServiceTitan will post -0.62 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO David Sherry sold 17,778 shares of ServiceTitan stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $69.86, for a total transaction of $1,241,971.08. Following the transaction, the chief financial officer directly owned 313,025 shares in the company, valued at approximately $21,867,926.50. This trade represents a 5.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Michele O’connor sold 5,000 shares of ServiceTitan stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $58.93, for a total value of $294,650.00. Following the transaction, the chief accounting officer owned 79,416 shares in the company, valued at approximately $4,679,984.88. This trade represents a 5.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 33,440 shares of company stock valued at $2,281,468 in the last quarter. 39.89% of the stock is owned by insiders.

Hedge Funds Weigh In On ServiceTitan

Several hedge funds have recently modified their holdings of TTAN. Woodline Partners LP grew its holdings in shares of ServiceTitan by 4.6% in the 1st quarter. Woodline Partners LP now owns 2,141 shares of the company’s stock worth $204,000 after acquiring an additional 95 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of ServiceTitan by 16.1% in the third quarter. PNC Financial Services Group Inc. now owns 858 shares of the company’s stock worth $87,000 after buying an additional 119 shares during the period. Toth Financial Advisory Corp boosted its position in shares of ServiceTitan by 150.0% in the fourth quarter. Toth Financial Advisory Corp now owns 250 shares of the company’s stock worth $27,000 after buying an additional 150 shares during the period. Farther Finance Advisors LLC boosted its position in shares of ServiceTitan by 189.1% in the fourth quarter. Farther Finance Advisors LLC now owns 266 shares of the company’s stock worth $28,000 after buying an additional 174 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in shares of ServiceTitan by 30.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 906 shares of the company’s stock worth $96,000 after buying an additional 209 shares during the period.

Trending Headlines about ServiceTitan

Here are the key news stories impacting ServiceTitan this week:

  • Positive Sentiment: ServiceTitan beat Q1 expectations with EPS of $0.37 versus the $0.28 consensus and revenue of $268.8 million, up 24.6% year over year, while management also raised guidance for the full year and the next quarter. ServiceTitan Announces Fiscal First Quarter Financial Results
  • Positive Sentiment: Wall Street responded favorably, with BMO Capital Markets, BTIG, and Piper Sandler all raising price targets and reiterating bullish ratings, signaling higher confidence in the company’s growth outlook. Analyst target updates via Benzinga/The Fly
  • Positive Sentiment: Commentary following the report highlighted strong AI-related growth, high customer retention, and switching costs that support long-term revenue momentum. ServiceTitan Q1: I Like The Company, Not The Stock
  • Neutral Sentiment: Some analysis noted that while the business is growing quickly, ongoing operating losses and stock-based compensation remain a concern for profitability. ServiceTitan Q1: I Like The Company, Not The Stock
  • Negative Sentiment: Despite the rally, the company still reported a negative operating margin and net loss, which may temper enthusiasm if investors focus on the path to sustained profitability. Earnings transcript and report

ServiceTitan Company Profile

(Get Free Report)

ServiceTitan, Inc (NASDAQ: TTAN) is a cloud-based software provider specializing in end-to-end business management solutions for residential and commercial trade contractors. The company’s platform integrates customer relationship management, scheduling and dispatch, mobile workforce management, invoicing, payments and reporting tools into a single suite. By automating key back-office processes, ServiceTitan helps field service businesses improve operational efficiency, enhance customer experience and drive revenue growth.

At the core of ServiceTitan’s offering is a mobile application that allows technicians to access job details, update work orders, capture signatures and process payments from the field.

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